HAIVISION SYSTEMS INC (HAI.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:HAI - CA40531F1009 - Common Stock
5.25 CAD
-0.15 (-2.78%)
Overall HAI gets a fundamental rating of 4 out of 10. We evaluated HAI against 11 industry peers in the Communications Equipment industry. Both the profitability and the financial health of HAI get a neutral evaluation. Nothing too spectacular is happening here. HAI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
HAI had negative earnings in the past year.
In the past year HAI had a positive cash flow from operations.
In multiple years HAI reported negative net income over the last 5 years.
HAI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of HAI (-0.89%) is better than 81.82% of its industry peers.
HAI has a better Return On Equity (-1.34%) than 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -1.34% | ||
| ROIC | N/A |
ROA(3y)-0.57%
ROA(5y)0.07%
ROE(3y)-1.12%
ROE(5y)1.21%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of HAI has declined.
In the last couple of years the Operating Margin of HAI has declined.
HAI has a better Gross Margin (72.48%) than 100.00% of its industry peers.
HAI's Gross Margin has been stable in the last couple of years.
HAI does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.48% |
OM growth 3YN/A
OM growth 5Y-9.63%
PM growth 3YN/A
PM growth 5Y-6.09%
GM growth 3Y-0.8%
GM growth 5Y-0.55%
2. Health
2.1 Basic Checks
HAI does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, HAI has less shares outstanding
Compared to 5 years ago, HAI has more shares outstanding
HAI has a better debt/assets ratio than last year.
2.2 Solvency
HAI has an Altman-Z score of 2.82. This is not the best score and indicates that HAI is in the grey zone with still only limited risk for bankruptcy at the moment.
HAI has a Altman-Z score (2.82) which is in line with its industry peers.
HAI has a debt to FCF ratio of 8.17. This is a slightly negative value and a sign of low solvency as HAI would need 8.17 years to pay back of all of its debts.
HAI has a better Debt to FCF ratio (8.17) than 72.73% of its industry peers.
HAI has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
HAI's Debt to Equity ratio of 0.13 is in line compared to the rest of the industry. HAI outperforms 45.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 8.17 | ||
| Altman-Z | 2.82 |
ROIC/WACCN/A
WACC8.61%
2.3 Liquidity
A Current Ratio of 1.59 indicates that HAI should not have too much problems paying its short term obligations.
HAI has a better Current ratio (1.59) than 63.64% of its industry peers.
A Quick Ratio of 1.20 indicates that HAI should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.20, HAI is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
HAI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -125.00%.
Measured over the past 5 years, HAI shows a small growth in Earnings Per Share. The EPS has been growing by 2.25% on average per year.
The Revenue has decreased by -5.56% in the past year.
HAI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.82% yearly.
EPS 1Y (TTM)-125%
EPS 3Y-16.75%
EPS 5Y2.25%
EPS Q2Q%0%
Revenue 1Y (TTM)-5.56%
Revenue growth 3Y11.84%
Revenue growth 5Y11.82%
Sales Q2Q%14.26%
3.2 Future
The Earnings Per Share is expected to grow by 9.50% on average over the next years. This is quite good.
Based on estimates for the next years, HAI will show a small growth in Revenue. The Revenue will grow by 6.27% on average per year.
EPS Next Y-148.82%
EPS Next 2Y16.77%
EPS Next 3Y9.5%
EPS Next 5YN/A
Revenue Next Year-1.32%
Revenue Next 2Y5.26%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
HAI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 25.67, which means the current valuation is very expensive for HAI.
Based on the Price/Forward Earnings ratio, HAI is valued cheaper than 81.82% of the companies in the same industry.
HAI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.40, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 25.67 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HAI indicates a somewhat cheap valuation: HAI is cheaper than 63.64% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, HAI is valued a bit cheaper than 72.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 76.91 | ||
| EV/EBITDA | 24.98 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y16.77%
EPS Next 3Y9.5%
5. Dividend
5.1 Amount
No dividends for HAI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:HAI (12/29/2025, 7:00:00 PM)
5.25
-0.15 (-2.78%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners4.49%
Inst Owner ChangeN/A
Ins Owners36.22%
Ins Owner ChangeN/A
Market Cap142.75M
Revenue(TTM)127.61M
Net Income(TTM)-1.24M
Analysts80
Price Target6.4 (21.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-248.51%
Min EPS beat(2)-496.04%
Max EPS beat(2)-0.99%
EPS beat(4)0
Avg EPS beat(4)-180.46%
Min EPS beat(4)-496.04%
Max EPS beat(4)-0.99%
EPS beat(8)1
Avg EPS beat(8)-95.98%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)7.55%
Min Revenue beat(2)4.63%
Max Revenue beat(2)10.48%
Revenue beat(4)2
Avg Revenue beat(4)-2.22%
Min Revenue beat(4)-15.73%
Max Revenue beat(4)10.48%
Revenue beat(8)3
Avg Revenue beat(8)-3.04%
Revenue beat(12)7
Avg Revenue beat(12)1.37%
Revenue beat(16)8
Avg Revenue beat(16)-0.01%
PT rev (1m)1.37%
PT rev (3m)-0.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)237.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-210.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.38%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 25.67 | ||
| P/S | 1.12 | ||
| P/FCF | 76.91 | ||
| P/OCF | 36.16 | ||
| P/B | 1.55 | ||
| P/tB | 3.83 | ||
| EV/EBITDA | 24.98 |
EPS(TTM)-0.04
EYN/A
EPS(NY)0.2
Fwd EY3.9%
FCF(TTM)0.07
FCFY1.3%
OCF(TTM)0.15
OCFY2.77%
SpS4.69
BVpS3.39
TBVpS1.37
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -1.34% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.48% | ||
| FCFM | 1.45% |
ROA(3y)-0.57%
ROA(5y)0.07%
ROE(3y)-1.12%
ROE(5y)1.21%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y-9.63%
PM growth 3YN/A
PM growth 5Y-6.09%
GM growth 3Y-0.8%
GM growth 5Y-0.55%
F-Score4
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 8.17 | ||
| Debt/EBITDA | 2.22 | ||
| Cap/Depr | 23.65% | ||
| Cap/Sales | 1.64% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 70.94% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 2.82 |
F-Score4
WACC8.61%
ROIC/WACCN/A
Cap/Depr(3y)15.44%
Cap/Depr(5y)18.5%
Cap/Sales(3y)1.1%
Cap/Sales(5y)0.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-125%
EPS 3Y-16.75%
EPS 5Y2.25%
EPS Q2Q%0%
EPS Next Y-148.82%
EPS Next 2Y16.77%
EPS Next 3Y9.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.56%
Revenue growth 3Y11.84%
Revenue growth 5Y11.82%
Sales Q2Q%14.26%
Revenue Next Year-1.32%
Revenue Next 2Y5.26%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
EBIT growth 1Y-136.87%
EBIT growth 3YN/A
EBIT growth 5Y1.06%
EBIT Next Year-90.27%
EBIT Next 3Y-37.47%
EBIT Next 5YN/A
FCF growth 1Y-86.13%
FCF growth 3Y129.93%
FCF growth 5Y25.45%
OCF growth 1Y-73.58%
OCF growth 3Y106.42%
OCF growth 5Y25.22%
HAIVISION SYSTEMS INC / HAI.CA FAQ
What is the fundamental rating for HAI stock?
ChartMill assigns a fundamental rating of 4 / 10 to HAI.CA.
Can you provide the valuation status for HAIVISION SYSTEMS INC?
ChartMill assigns a valuation rating of 3 / 10 to HAIVISION SYSTEMS INC (HAI.CA). This can be considered as Overvalued.
Can you provide the profitability details for HAIVISION SYSTEMS INC?
HAIVISION SYSTEMS INC (HAI.CA) has a profitability rating of 4 / 10.
Can you provide the financial health for HAI stock?
The financial health rating of HAIVISION SYSTEMS INC (HAI.CA) is 5 / 10.